- CAVU Energy Metals Corp (CAVU) has provided an update on its exploration program on the Hopper porphyry copper project in Yukon
- Vein-controlled molybdenum and copper mineralization was identified in several sections of core from holes drilled by previous operators
- All unsampled intervals with porphyry style alteration and mineralization are now sampled and will be assayed.
- The company plans to start porphyry drilling in the coming days
- CAVU Energy Metals Corp is a mining company
- CAVU Energy Metals Corp was down 2.94 per cent, trading at $0.33 at 10:55 AM ET
CAVU Energy Metals Corp (CAVU) has provided an update on its exploration program on the Hopper porphyry copper project in Yukon.
The Hopper Project is located in the traditional territory of the Champagne and Aishihik First Nations.
Vein-controlled molybdenum and copper mineralization was identified in several sections of core from holes drilled by previous operators and provide further evidence of a large porphyry system on the Hopper Project.
All unsampled intervals with porphyry style alteration and mineralization are now sampled and will be assayed.
Drill crews are making good progress with 580 m drilled in two holes at the Copper Castle skarn on the fringe of the porphyry system
The company intends to start porphyry drilling in the coming days.
“As part of the program, our VP Exploration, Dr. Luke Bickerton, re-assessed all unsampled historic core on site to further refine our porphyry targets, and several drill intercepts were observed with vein-controlled molybdenite and chalcopyrite that were not sampled, near both the northern and southern porphyry targets,” noted Dr. Jaap Verbaas, CEO of CAVU.
“The intercepts strengthen our belief that the project hosts a large multi-target calc-alkalic porphyry system, which we look forward to drilling in the coming days,” he added.
CAVU Energy Metals Corp is a mining company engaged in the acquisition, exploration and development of mineral projects containing metals used in green technologies and the renewable energy sector.
CAVU Energy Metals Corp was down 2.94 per cent, trading at $0.33 at 10:55 AM ET.